Basic Information About Stef Wertheimer
| Category | Business › Billionaires |
|---|---|
| Net worth | $5,300,000,000 |
| Date of birth | 1926-07-16 (98 years old) |
| Place of birth | Kippenheim |
| Nationality | Germany |
| Gender | Male |
| Social Media | ↗︎ Wikipedia |
Stef Wertheimer Net Worth
$5,300,000,000
Stef Wertheimer is a German-born Israeli billionaire with a net worth estimated at $5.3 billion. He built his fortune through his metal tool cutting factory, ISCAR, which has become one of the largest producers of carbide industrial-cutting tools in the world, serving well-known car makers such as General Motors and Ford.
Key facts:
- Stef Wertheimer made most of his fortune through the small metal tool cutting factory called ISCAR that he started in his backyard in 1952.
- ISCAR quickly became a success and attracted investors like Discount Investments, who eventually became its minority shareholder
- In 2006, ISCAR became the first major international target of Warren Buffett's Berkshire Hathaway, leading to Stef Wertheimer selling 80% of Iscar to Buffett
- ISCAR is one of the largest producers of carbide industrial-cutting tools and supplies car-makers like General Motors and Ford
- Stef Wertheimer has donated more than $100 million to his own method of creating lasting peace between Israel and Palestine. For this, he was honored with the Oslo Business for Peace Award in 201.
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